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Global beef and sheep trends: steady as she goes


Strong sheepmeat prices continue in Europe. \ Houston Green
Global prices remain steady this week for both beef and sheepmeat, with Irish beef prices being one of the more notable movers up to €4.04/kg for R3 steers.
This is significantly ahead of the EU average of €3.77/kg for R3 young bulls, but dramatically behind Britain, where average R3 prices have steadied at €4.72/kg equivalent.
The Northern Irish price of €4.48/kg is now noticeably behind the price in Britain, though well ahead of the Irish price.
In global markets, Brazil is a contradiction, because while prices have eased slightly in their own currency, because the real has increased in value against the euro, it means their price has increased to €3.15/kg when converted. ....

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Does the market want dairy beef?


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Cattle bred from the dairy herd have a poorer conformation and kill-out percentage in comparison with progeny from the suckler herd.
Over recent years, our national dairy herd has become an increasingly important source of raw material for the Irish beef sector.
Last year, dairy-bred progeny accounted for 57% of the cattle processed at meat plants, having risen steadily from 47% in 2010. Dairy beef also dominates across the EU-27, whose overall breeding herd of 31.3m includes 20.5m dairy cows (65%).
There is a wide range with regard to the quality of different calves produced from the dairy herd, which include pure-dairy males and crosses with the traditional beef breeds, as well as larger continental breeds. ....

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